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Honeywell Divested Tensor

Case at a glance

TARGET
Honeywell Tensor Operations
INDUSTRIES
Monitoring and Sensing Technologies, Energy, Industrial Controls, and Manufacturing.
TRANSACTION TYPE
Corporate Divestiture
GEOGRAPHY
Texas, USA.

SITUATION

Seale & Associates was engaged by Honeywell for the divestiture of Tensor, a provider of precise measuring tools, and systems for petroleum exploration and underground utility boring industries and is known for systems used for directional surveying and navigation.

OUTCOME

Seale used its relationships in the industry to expand from a preferred buyer process to a competitive auction, successfully negotiating a transaction on seller-friendly terms and conditions.